SoftBank plans $5 billion in rescue financing for WeWork

Business / Corporate Oct 17, 2019

SoftBank plans $5 billion in rescue financing for WeWork

SoftBank Group Corp. is in discussions to provide WeWork with roughly $5 billion of rescue financing in an effort to salvage one of the conglomerate's biggest investments. The funds will come directly from SoftBank, rather than its Vision Fund, according to a person familiar with ...

Business Jul 31, 2013

JPMorgan to settle market-rigging case

On March 14, 2011, Blythe Masters, head of JPMorgan Chase's global commodities group, asked one of her top deputies why California power officials were making ominous inquiries into the bank's arcane and lucrative business of selling electricity. Five months earlier, Masters had been given ...